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Posted: January 10th, 2008, 10:01am EST
The nation’s big retail chains, a closely watched barometer of economic health, reported dreary December sales, which may stoke fears of a recessionary downtown.
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Posted: January 10th, 2008, 9:52am EST
The Nano brings new mobility within the reach of tens of millions of people and nightmares to environmentalists, traffic engineers and safety advocates.
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Posted: January 10th, 2008, 9:40am EST
Despite growing unease about inflation and slowing economic indicators, the European Central Bank and Bank of England kept their benchmark interest rates unchanged Thursday.
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Posted: January 10th, 2008, 8:50am EST
Blackstone Group said it would buy GSO Capital Partners, a fund manager focused on leveraged finance, for as much as $930 million in cash and Blackstone units.
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Posted: January 10th, 2008, 1:25am EST
Overture Films is running on a small budget, but looking like a major studio.
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Posted: January 10th, 2008, 1:19am EST
Not everyone has suffered from the current housing slump. Exceptions include entrepreneurs with deep experience in real estate and those who have carved out a special niche.
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Posted: January 10th, 2008, 1:17am EST
A federal judge ruled that Gregory L. Reyes, convicted in August of stock-options manipulation, is not entitled to a new trial.
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Posted: January 10th, 2008, 1:16am EST
Regulators cleared the way for Verizon Communications to sell its phone lines in three New England states for $2.7 billion to FairPoint Communications Inc.
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Posted: January 10th, 2008, 1:16am EST
The Nasdaq composite index showed its first gain in nine sessions, and the Dow Jones industrial average gained more than 200 points at the end of the day.
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Posted: January 10th, 2008, 1:14am EST
CBS News and a union representing 500 of its employees resolved a dispute that contributed to the cancellation of a presidential primary debate last month.
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Posted: January 10th, 2008, 1:13am EST
The aluminum producer Alcoa said its fourth-quarter profit rose 76 percent as revamping and tax benefits helped offset lower aluminum prices.
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Posted: January 10th, 2008, 1:13am EST
The discount brokerage and banking firm disclosed that it had sold an additional $3 billion of mortgage-backed securities.
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Posted: January 10th, 2008, 1:13am EST
The Coors Brewing Company is offering consumers a chance to win tickets for the 2008 or 2009 Super Bowl by submitting video clips to its Web sites.
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Posted: January 10th, 2008, 1:12am EST
MBIA said it would sell $1 billion of debt to preserve capital and the triple-A ratings it needs to operate in a mortgage market under siege.
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Posted: January 10th, 2008, 1:03am EST
Under the edict, prices of oil products, natural gas and electricity will be frozen in the near term along with public water bills and transportation tickets.
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Posted: January 10th, 2008, 1:02am EST
Reddy Ice Holdings, a producer of packaged ice, said it was in talks to revise a $1.1 billion deal to be bought by GSO Capital Partners.
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Posted: January 10th, 2008, 12:59am EST
The discount retailer said its chief executive, Robert J. Ulrich, will retire May 1 and be succeeded by the company’s president, Gregg W. Steinhafel.
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Posted: January 10th, 2008, 12:58am EST
Apple said it would bring the prices on its iTunes digital music store in Britain in line with those on the Continent to settle an antitrust case.
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Posted: January 10th, 2008, 12:58am EST
Toy makers are instituting tougher quality controls in China and elsewhere to try to avoid repetition of the recalls that damaged the industry last year.
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Posted: January 10th, 2008, 12:58am EST
The company, which makes products ranging from automotive coatings to genetically modified seeds, said it expected 2007 earnings to be at the upper end of its previously announced range of $3.15 to $3.20 a share.
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Posted: January 10th, 2008, 12:57am EST
Some big airlines are planning to reduce domestic capacity in 2008 with the hope of driving fares higher to offset rising fuel costs.
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Posted: January 10th, 2008, 12:57am EST
Maurice R. Greenberg, former chief executive of the American International Group, said a group he represents did not intend to solicit proxies from A.I.G. shareholders.
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Posted: January 10th, 2008, 12:52am EST
Britain’s former prime minister, Tony Blair, will join the banking giant JPMorgan Chase & Company as a part-time adviser, a person with knowledge of the decision said Wednesday night.
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Posted: January 10th, 2008, 12:51am EST
The advocate tells Congress taxpayers should receive up to $1,000 in “apology payments” if the Internal Revenue Service mishandles their case.
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Posted: January 10th, 2008, 12:50am EST
Dawn Taubin, the head of domestic marketing at Warner Brothers for six years, has been ousted in a shake-up that the movie studio did little to conceal.
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Posted: January 10th, 2008, 12:48am EST
Many argue that with the stock market falling and the economy flirting with recession, the Fed’s chairman should be more aggressive than he has been so far.
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Posted: January 10th, 2008, 12:47am EST
This year’s Consumer Electronics Show looked and felt much the same as last year’s.
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Posted: January 10th, 2008, 12:44am EST
TV makers at the Consumer Electronics Show boast their sets are thin, sharp and rich in content.
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Posted: January 10th, 2008, 12:38am EST
Giving people the tools to monitor and adjust their electricity use lowers their bills and could reduce the need to build new power plants, according to a government study.
